consequences of student debt on mortgage applications

6 Ways to Fix Student Loan Debt on Mortgage Applications & Buy a Home

Michael Lux Buying a House, Student Loan Blog 2 Comments

Student loan borrowers can buy a house, but student debt can make qualifying for a mortgage difficult. Student loans affect a mortgage applicant’s debt-to-income ratio and credit score. Mortgage underwriters have historically been hard on income-driven borrowers, but things are getting better. Student loan refinancing and other strategies may minimize …